Micro Irrigation Systems Market Analysis And Forecast To 2031: By Type (Sprinkler Irrigation, Drip Irrigation), Crop Type (Plantation Crops, Field Crops, Orchard Crops, Others), Application (Small Farming, Large and Corporate Farming, Government, Others), and Region
The global Micro Irrigation Systems Market was valued at USD 1.5 Billion in 2021 and it is anticipated to grow up to USD 23.4 Billion by 2031, at a CAGR of 31.6% during the forecast period.
Micro irrigation systems are irrigation systems that use small, localized water delivery systems, such as drip irrigation, sprinklers, or micro sprinklers, to water crops. These systems are often used in areas with limited water resources, such as arid or semi-arid regions. Micro irrigation systems can be used to water both small and large areas, and can be used for a variety of crops.
Global Micro Irrigation Systems Market Scope and Report Structure
Market Trends and Drivers
Growing concerns pertaining to agricultural losses have triggered a paradigm shift towards advanced irrigation system that minimizes water usage and supports sustainable farming measures. Factors such as efficient use of fertilizers and increase productivity in limited water & land resources are anticipated to propel the overall micro irrigation system market share. Also, key aspect of micro irrigation system to support soil health management will further promulgate overall market growth. Increasing necessity to reduce labor cost and minimize production cost will also fuel product penetration rate. Inadequate rainfall for past few years has accentuated the need for novel techniques that will help agricultural crop growth and support landscape maintenance. As per FAO, world’s population is expected to grow to almost 10 billion by 2050, thus boosting agricultural demand. Higher demand for fruits and vegetables owing to increase in income growth of low and middle level countries will further create positive application outlook for micro irrigation system manufacturers over the projected timeframe.
Market Restraints and Challenges
The key restraints and challenges in Micro Irrigation Systems market are lack of awareness among farmers: There is lack of awareness among farmers about the benefits of micro irrigation systems, which is restraining the growth of the market. High initial investment: The initial investment required for installing micro irrigation systems is high, which is another challenge faced by the market. Lack of trained personnel: There is a lack of trained personnel to install and maintain micro irrigation systems, which is another challenge faced by the market.
Global Micro Irrigation Systems Market Segmental Overview
The report analyses the global Micro Irrigation Systems Market based on Product, Crop Type, Application, and Region.
Global Micro Irrigation Systems Market by Product
By product, the market is segmented into sprinkler irrigation, and drip irrigation. The drip irrigation system segment accounted for significant market share in 2021 and is expected to register lucrative CAGR over the forecast period. Strong demand of novel irrigation system for vine and row crops fueling product sales. Ability of drip irrigation system to be adaptable to any farmable slope will support product penetration over the forecast timeframe. In addition, suitability of drip irrigation system for most of the soils and low wastage will further fuel product application scope.
Moreover, ability of drip irrigation system to prevent weed growth, and stimulate yield is likely to increase product penetration over the forecast timeframe. Also, diversity of the system to save water and nutrient content of soil either from above the soil surface or from below the surface will further create new growth avenues for the micro-irrigation systems market participants. Unfavorable climatic conditions and water scarcity in Middle East and African countries will provide positive application outlook for drip micro-irrigation systems.
Global Micro Irrigation Systems Market by Crop Type
By crop type, the micro irrigation systems market is classified into plantation crops, field crops, orchard crops, and others. The orchard crop segment accounted for significant revenue in 2021. Rise in disposable income and growing demand for visually appealing gardens are the key factors supporting the growth of micro-irrigation system in orchard and vineyard application. Also, increasing importance of introducing biodiversity in forests plantations will further accentuate the segment growth. Changing consumer lifestyle and increase in disposable income has accentuated the demand for orchard fruits. Growing food & beverage industry has further up surged the demand for several orchard fruits including mango, sweet orange, acid lime and sapota for various consumables. Factors such as low labour requirements and continuous ideal moisture conditions for orchard crops root growth will fuel product application scope.
Global Micro Irrigation Systems Market by End-user
End-user segment of the market is bifurcated into Farmer, Industrial, Government, and Others. The farmer are expected to register highest CAGR between 2022 and 2031. Key benefits such as enhanced agriculture production and economic vitality will support the segment growth for the projected period. Effective agronomic practices including management of soil fertility, pest control and cropping selection supporting product application scope. Increasing necessity to avoid losses owing to pest infestation and unfavorable climatic conditions will also propel micro irrigation system market development.
Geographical Analysis of Global Micro Irrigation Systems Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe micro irrigation system market is expected to witness growth more than 9% by 2024. Growing food demand due to increasing population and dependence on imports has triggered necessity of advanced agricultural practices. Factors such as depleting water levels, favorable regulatory outline and government programs will further support the regional market expansion. Growing agriculture and food processing sector will also create lucrative opportunities for new industry participants in coming years.
Major Players in the Global Micro Irrigation Systems Market
The micro-irrigation systems market is consolidated, with the top five companies accounting for more than 60% of the market share. With the governments boosting the penetration of water conservation and efficiency driven by micro-irrigation systems, the market is expected to witness double-digit growth in the future. The major players in the market include Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd., Nelson Irrigation Corporation,Netafim Ltd., Lindsay Corporation, T-L Irrigation Co., Rain Bird Corporation and Rivulis Irrigation Ltd. among others.
COVID-19 Impact
The impact of the coronavirus (COVID-19) outbreak was felt in various businesses, including the Indian microirrigation systems market. The impact of COVID-19 can be largely characterized by an unprecedented disruption in the supply side. Various measures were taken by the government to stem the virus, including the shutdown of plants, and social distancing, among others. Despite qualifying as essential services during lockdowns in many countries, irrigation equipment manufacturers had a difficult time securing inputs and maintenance services for their plants. They also faced significant fiscal stress due to additional costs and lower revenues from state transfers and tariffs.
The Indian farmers have been increasingly encouraged to adopt microirrigation systems on open fields for efficient water usage and an increase in agricultural yield. The area under open filed microirrigation is higher than in greenhouses in the country. Most of the greenhouses equipped with microirrigation in the country are used for horticultural production, with more farmers inclining toward greenhouse cultivation owing to benefits such as year-round production. The drip irrigation system dominated the market in 2021, owing to higher subsidies offered by the central and state government in various states. Jain Irrigation Systems Limited, Netafim, Avanijal Agri Automation Pvt. Ltd, Agsmartic Technologies Pvt. Ltd, and Flybird Farm Innovations Pvt. Ltd have been the most active players in the Indian microirrigation systems market. These players are adopting product innovation as their most adopted strategy to have a competitive edge over other players in the market.
Recent Developments
In December 2021, Netafim India, a leading smart irrigation solution company, has launched Flexi Sprinkler Kit – an open field crops sprinkler irrigation system. The company aims to cover 15,000 hectares of land and reach 15,000 farmers across India by 2022 with the launch of the Flexi Sprinkler Kit.
In May 2021, the Dr. Abdul Kalam University announced the development of software in association with the Kerala Irrigation Infrastructure Development Corporation Ltd. for the applications in automated Micro Irrigation Systems Market to improve crop harvesting.
In February 2021, Rother farming started trials for its latest N-Drip Micro Irrigation Systems Market. The company claims that this system will be able to save water resources by approximately 25% without being capital incentive as lateral irrigation options.
Frequently Asked Questions
Q1. How big is the Micro Irrigation Systems Market?
Ans. The global Micro Irrigation Systems Market was valued at USD 1.5 Billion in 2021 and it is anticipated to grow up to USD 23.4 Billion by 2031, at a CAGR of 31.6% during the forecast period.
Q2. What is the Micro Irrigation Systems Market growth rate?
Ans. The growth rate of the Micro Irrigation Systems Market is 31.6%
Q3. Which region holds a major market share for the market?
Ans. North America holds a major market share of the Micro Irrigation Systems Market in 2021.
Q4. Which segment accounted for the largest Micro Irrigation Systems Market share?
Ans. By end-user, the farmer segment accounted for the largest Micro Irrigation Systems Market share.
Q5. Who are the key players in the kidney stones management market?
Ans. The global Micro Irrigation Systems Market report includes players such as Valmont Industries, Inc., Hunter Industries, The Toro Company, Jain Irrigation Systems Ltd., Nelson Irrigation Corporation,Netafim Ltd., Lindsay Corporation, T-L Irrigation Co., Rain Bird Corporation and Rivulis Irrigation Ltd. among others.
Q6. What are the factors driving the Micro Irrigation Systems Market growth?
Ans. The major factors driving the growth of the market are trong R&D investments & technological innovations. Increasing water scarcity problem has remoulded the overall industry landscape.
Q7. What are the key growth strategies of Micro Irrigation Systems Market players?
Ans. The key growth strategies of Micro Irrigation Systems Market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Micro Irrigation Systems Market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Micro Irrigation Systems Market during the forecast period.
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